Real Estate Investor · San Francisco, CA · Member since 2016 · 42 posts · 12 votes
Hello all you BP'ers out there! As a new investor I'm still figuring out some solid websites and resources for analyzing a market or city I'm interested in investing in. I know I'm looking at things like population growth, leading employers, home sales prices, demographics, etc. Can anyone suggest good websites or companies that specialize in these metrics? What tactics do YOU use?????? Thanks in advance!!!
You can find a lot of great information from various government agencies (Census, HUD) and industry organizations (Board of Realtors) to help draw a decent conclusion as to where a specific market is today and which way it is heading. Comparing population growth and projections to rental rates in the area and housing starts would be a great place to start, as that gives you a great idea of supply and demand in the area. Metrics to look at include population growth, appreciation rates, unemployment rates, jobs being added to the area, etc. Some great resources include: